VANHIE IMMO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VANHIE IMMO
Largest movements
- Receivables within one year +€27,160
up €27,160 (+11.6%), from €234,118 to €261,279
of which Other amounts receivable: +€28,123
- Cash -€14,632
down €14,632 (-99.2%), from €14,749 to €118
mainly Receivables within one year (-€27,160) and Debts after one year (-€17,306)
- Profit (loss) carried forward +€21,097
up €21,097 (+40.4%), from €52,266 to €73,363
- Debts after one year -€17,306
down €17,306 (-8.9%), from €195,233 to €177,926
- Tax, wage and social debts +€6,476
up €6,476 (+524.1%), from €1,236 to €7,711
- Other operating charges -€16,904
down €16,904 (-43.3%), from €39,068 to €22,164
- Gross operating margin +€10,902
up €10,902 (+25.0%), from €43,619 to €54,521
- Taxes +€7,461
up €7,461 (+3797.0%), from €197 to €7,658
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,835 | €415,364 | +€12,529 | +3.1% |
| Fixed assets | 21/28 | €153,968 | €153,968 | = | 0.0% |
| Tangible fixed assets | 22/27 | €153,968 | €153,968 | = | 0.0% |
| Land and buildings | 22 | €153,968 | €153,968 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €248,868 | €261,396 | +€12,529 | +5.0% |
| Amounts receivable within one year | 40/41 | €234,118 | €261,279 | +€27,160 | +11.6% |
| Trade receivables | 40 | €962 | - | -€962 | |
| Other amounts receivable | 41 | €233,156 | €261,279 | +€28,123 | +12.1% |
| Cash at bank and in hand | 54/58 | €14,749 | €118 | -€14,632 | -99.2% |
| Total equity and liabilities | 10/49 | €402,835 | €415,364 | +€12,529 | +3.1% |
| Equity | 10/15 | €120,466 | €141,563 | +€21,097 | +17.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,266 | €73,363 | +€21,097 | +40.4% |
| Amounts payable | 17/49 | €282,369 | €273,800 | -€8,569 | -3.0% |
| Amounts payable after more than one year | 17 | €195,233 | €177,926 | -€17,306 | -8.9% |
| Financial debts | 170/4 | €195,233 | €177,926 | -€17,306 | -8.9% |
| Amounts payable within one year | 42/48 | €86,387 | €93,874 | +€7,487 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €17,051 | €17,306 | +€256 | +1.5% |
| Trade debts | 44 | €2,033 | €2,789 | +€756 | +37.2% |
| Suppliers | 440/4 | €2,033 | €2,789 | +€756 | +37.2% |
| Taxes, remuneration and social security | 45 | €1,236 | €7,711 | +€6,476 | +524.1% |
| Taxes | 450/3 | €1,236 | €7,711 | +€6,476 | +524.1% |
| Other amounts payable | 47/48 | €66,068 | €66,068 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €750 | €2,000 | +€1,250 | +166.7% |
| Other operating charges | 640/8 | €39,068 | €22,164 | -€16,904 | -43.3% |
| Gross operating margin | 9900 | €43,619 | €54,521 | +€10,902 | +25.0% |
| Operating profit (loss) | 9901 | €4,551 | €32,357 | +€27,806 | +610.9% |
| Financial income | 75/76B | €1 | €1 | -€0 | -14.9% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -14.9% |
| Financial charges | 65/66B | €3,832 | €3,603 | -€229 | -6.0% |
| Recurring financial charges | 65 | €3,832 | €3,603 | -€229 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €720 | €28,755 | +€28,035 | +3891.7% |
| Income taxes | 67/77 | €197 | €7,658 | +€7,461 | +3797.0% |
| Profit (loss) for the period | 9904 | €524 | €21,097 | +€20,574 | +3927.2% |
| Profit (loss) for the period to be appropriated | 9905 | €524 | €21,097 | +€20,574 | +3927.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.